$12,950,000
Miami Beach, FL 33139
MLS# A11772496
Status: Closed
4 beds | 6 baths
1 / 69
Property Description
Experience unparalleled luxury at Five Park, the latest architectural gem in the coveted South of Fifth neighborhood by Arquitectonica. This exclusive combo unit offers the opportunity to own a brand-new corner residence that has never been lived in before. It features 4 bedrooms, 4 bathrooms, 2 powder rooms, 2 offices, and a wraparound private terrace with 5,155 sq. ft. of sophisticated living space. The custom-designed kitchen boasts Italian oak cabinetry, sleek marble countertops, and top-of-the-line Gaggenau appliances. Enjoy world-class amenities, including exclusive beach club access, a Canopy Park, a Fitness Center, a Wellness Spa, Rooftop Pools, and an on-site Restaurant. Situated in the heart of South Beach, with easy access to fine dining, pristine beaches, and Downtown Miami.
Details
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2025-03-28
Status: Closed
Original List Price: 15000000
Sold Price: $12,950,000
Current Price: $12,950,000
Occupant Type: Vacant
Location and Legal
Country: United States
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
Street Number: 501
Street Name: West
Street Suffix: Avenue
Unit Number: 4201/05
City Name: Miami Beach
Municipal Code: 2
State Or Province: FL
Postal Code: 33139
Postal Zip: 33139
Subdivision Name: Five Park
Area: 2420
Elementary School: Miami Beach South Pointe
Middle Or Junior School: Miami Beach Nautilus
High School: Miami Beach
Special Assessment YN: No
Parcel Number: 0242034204201
General Property Information
Number Of Units In Community: 226
Total Units In Building: 226
Unit Floor #: 42
Property Sub Type: Condominium
Bedrooms Total: 4
Bathrooms Total: 6
Bathrooms Full: 4
Bathrooms Half: 2
Living Area Main: 6777
Year Built: 2024
Garage YN: 1
Attached Garage YN: 1
Garage Spaces: 2
Covered Spaces: 2
Senior Community YN: No
Waterfront YN: 1
Outdoor Living Spaces YN: Yes
Stories Total: 48
Furnished: Unfurnished
Financial Information
Association YN: 1
Association Fee: 13463
Association Fee Frequency: Monthly
Application Required YN: Yes
Estimated Monthly Assoc Recurring Fee: 13463
Membership Fee Required YN: No
Tax Year: 2024
Tax Legal Description: Five Park Unit 4210 & 4205
Status Change Information
Major Change Timestamp: 2026-03-13T04:00:00Z
Major Change Type: Status Change
Price Change Timestamp: 2025-06-05T18:23:16Z
Status Change Date: 2026-03-17
Under Contract Date: 2026-02-26
Close Date: 2026-03-13
Close Price: 12950000
Buyer Financing: Cash
Application Fee Details
Application Fee Required: Yes
Application Fee: 150
Leasing Permitted Details
Leasing Permitted YN: Yes
Parking Information
Open Parking Spaces: 2
Parking Space Number: 2
Leasing Restrictions
Leasing - Max Times Per Year: 2
Leasing - Minimum Number of Days: 180
Storm Protection
Impact Glass: Partial
Buyer Details
Intended Use: Unknown/Withheld
Concessions
Seller Concessions: Yes
Seller Concessions Amount: 10600
Price Calculations
Current Price To SqFt: 1910.87
Section Details
Parcel Number MLX: 4205
Originating Details
Originating System Key: 409223100
Originating System ID: M00000151
Property Features
Application Information: 1-2 Weeks Approval
Association Amenities: Maintenance
Association Fee Includes: Common Areas; Maintenance Structure; Pool Service; Reserve Funds; Security; Sewer; Trash
Dining Area: Dining/Living Room
Flooring: Tile
Leasing Permitted Details: Okay To Lease
Parking Features: Assigned; Valet; Attached; Attached Garage; Garage
Property Condition: New Construction
Appliances: Dishwasher; Disposal; Dryer; Electric Range; Microwave; Oven; Refrigerator; Washer
Water Heater Details: Electric Water Heater
Construction Materials: CBS
Cooling: Central Air
Association Type: Condominium
Heating: Central
Interior Features: Elevator; Entrance Foyer; Walk-In Closet(s); Other
Listing Terms: Cash; Conventional
Main Living Area: Entry Level
Pets Allowed YN: Yes
Pets Allowed: Pet Restrictions Possible
Possession: Negotiable
Security Features: Elevator Secure; Fire Alarm; Lobby - Attended; Secured Garage/Parking; Security System; Smoke Detector(s)
Special Information: Sold As-Is
Tax Information: New Construction
Unit Description: High Rise
View: Water
Water Access: Other
Water View: Bay; Ocean
Waterfront Features: Bayfront
Showing Requirements: 24 Hour Notice
Outdoor Living Spaces: Balcony; Porch
Balcony Details: Balcony - Open
Porch Details: Porch - Wrap Around
Contingencies: None
Listing Office: Compass Florida, LLC
Last Updated: September - 09 - 2026
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